Bitcoin: InstaForex analyst says he sees potential for the higher prices
Aa
Share
Technical analysis:
Bitcoin against US dollar
BTC/USD has been trading upside this morning and I found the breakout of the mini downside channel in the background, which is good sign for the further higher prices. Due to the breakout of the mini downside channel in the background and the potential fake breakout of the trading range, I see potential for the higher prices... Upside objectives are set at the price of $30.550 MACD oscillator is upside reading, which is good sign for the further higher prices.... Support is set at the price of $29.300
Read next: Forex: British pound against US dollar - forecast on April 18th| FXMAG.COM
Relevance up to 09:00 2023-04-19 UTC+2 This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
Read more: https://www.instaforex.eu/forex_analysis/320259
